by kramoltz@hotmail.com | Jan 22, 2016 | Canada and Canadians, Global Buyers + Foreign Investment
The contribution of international purchasers to our real estate market is highly dependent on currency fluctuations, and the strong dollar is keeping foreign buyers away. Particularly hurt are Canadians, whose currency is worth around 60-65 cents U.S. Taking their...
by kramoltz@hotmail.com | Jan 20, 2016 | Home Buying, Real Estate Facts & Figures
Catherine Reagor of the Arizona Republic reports that new home permits in the Phoenix metro area were up more than 40% in 2015 compared with 2014. And things really picked up at the end of 2015. For example, there were 1,076 permits issued in November, 75% higher than...
by kramoltz@hotmail.com | Jan 15, 2016 | Canada and Canadians, Global Buyers + Foreign Investment
For the first time the Phoenix area appeared as one of the top 10 areas for foreign commercial investment. Last year a couple of large purchases by Artis REIT, a Winnipeg, Manitoba company, helped push the Valley of the Sun into the record books. Besides Canadians,...
by kramoltz@hotmail.com | Jan 11, 2016 | Real Estate Facts & Figures
The end of year and holiday resale home statistics don’t bring much cheer. Mike Orr of ASU’s Center for Real Estate noted that the greater Phoenix market lost momentum in the last 6 months of 2015, except for the entry level market, which is chronically under...
by kramoltz@hotmail.com | Jan 8, 2016 | Arizona and Its Amenities, Home Buying
This immaculate, professionally-designed 1,491 square foot condo exudes modern elegance. It’s 2 bedrooms and 2 full baths and a private covered patio/deck is a perfect setting for relaxing and entertaining, its ideally located in the highly coveted Sage Condominium...
